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Surveillance and control of fiscal consolidation on a supranational level

Aarle, Bas van - 2013

slowdown demonstrate. We analyse the progress that is underway in the current budgetary governance framework in the EU … Bonds, the European Financial Stability Facility, Euro+ Pact and Europe 2020. This paper surveys supranational governance in … the EU, and the coordination of national policies, including concepts of fiscal federalism, multi-level governance and …

Persistent link: https://www.econbiz.de/10010431705

Essays on monetary and fiscal policy interaction : applications to EMU and Eastern Europe

Aarle, Bas van - 1996

Persistent link: https://www.econbiz.de/10000966607

The (in)finite horizon open-loop Nash LQ game : an application to EMU

Engwerda, Jacob Christiaan; Aarle, Bas van; Plasmans, … - 1997

Persistent link: https://www.econbiz.de/10000972475

Fiscal policy interaction in the EMU

Engwerda, Jacob Christiaan; Aarle, Bas van; Plasmans, … - 1998

Persistent link: https://www.econbiz.de/10000995425

Monetary and fiscal unification in the EU : a stylized analysis

Aarle, Bas van; Huart, Florence - 1997

Persistent link: https://www.econbiz.de/10000659183

Monetary and fiscal unification in the EU : a stylized analysis

Aarle, Bas van; Huart, Florence - In: Journal of economics & business 51 (1999) 1, pp. 49-66

Persistent link: https://www.econbiz.de/10001369092

Staying together or breaking apart : policy-makers endogenous coalitions formation in the European economic and monetary union

Aarle, Bas van; Di Bartolomeo, Giovanni; Engwerda, … - 2002

In this paper, we analyze coordination of macroeconomic stabilization policies within the EMU by focusing, in a dynamic set-up, on asymmetries, externalities, and the existence of a multi-country context. We study how coalitions among fiscal and monetary authorities are formed and what are their...

Persistent link: https://www.econbiz.de/10011410410

Transatlantic monetary and fiscal policy interaction

Aarle, Bas van; Garretsen, Harry; Huart, Florence - 2003

This paper studies the design, effects and interactions of monetary and fiscal policies in the euro-area and between the euro-area and the non euro-area. To do so, a stylized three-country model of monetary and fiscal policy rules is constructed. It is analyzed how monetary and fiscal rules...

Persistent link: https://www.econbiz.de/10011509484

Debt stabilization and debt mutualization in a monetary union with endogenous risk premia

Engwerda, Jacob Christiaan; Aarle, Bas van; Weeren, … - 2015

In this paper we analyse debt stabilization in a monetary union that features endogenous risk premia. In particular, we analyse debt stabilization in two diametrically opposed regimes. In the first regime, the "national fiscal discipline regime", financial markets impose sovereign risk premia...

Persistent link: https://www.econbiz.de/10011350136

Economic sentiment shocks and fluctuations in economic activity in the euro area and the USA

Aarle, Bas van; Kappler, Marcus - In: Intereconomics : review of European economic policy 47 (2012) 1, pp. 44-51

Economic sentiment indicators can provide a wealth of information for macroeconomic policy formulation and analysis. Despite this, economic sentiment is often neglected by mainstream economics. This article assesses whether there is a potential role for economic sentiment to amplify business...

Persistent link: https://www.econbiz.de/10009686814